Minimum balance for metro and urban stands at Rs 3,000 while semi-urban and rural centres continues to be at Rs 2,000 and Rs 1,000, respectively State Bank of India (SBI), countryâ€™s largest bank, has reduced minimum monthly average balance (MAB) on savings accounts for metros from Rs 5,000 to Rs 3,000 and charges for non-maintenance were reduced by 20-50 percent
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The audited financial statements of the Company for the financial year ended 31st March, 2017. 2. Dividend @ Rs. 2.00 per share on the Equity shares and @ Rs. 1.00 per share on the Redeemable Preference Shares for the financial year 2016-17, was declared.
3. Sh. Ashutosh Khaitan, Director, retires by rotation, was reappointed as Director.
4 Ratification
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CHENNAI: Sidelined AIADMK leader T.T.V. Dinakaran, who is leading 21 party legislators, on Tuesday said he would work towards bringing down the K. Palaniswami government. "You (Chief Minister Palaniswami) and others have no moral right to sit in positions of power that was once wielded by Jayalalithaa. We will send this government home," Dinakaran told a press
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CHENNAI: Unaccounted money to the tune of Rs 246 crore was deposited in a bank account in a post-demonetisation single transaction that had connections to a state politician, an IT official told ET on conditions of anonymity. The Centre had announced an amnesty scheme for tax dodgers to come clean soon after the government announced the scrapping of 500 and 1000 bills
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Ashwani Gujral of ashwanigujral.com is of the view that one can buy Wockhardt and sell Tech Mahindra and Indian Oil Corporation. Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Wockhardt is a buy with a stop loss of Rs 615 and target of Rs 640.Â Tech Mahindra is a sell with a stop loss of Rs 426 and target of Rs 400."
"Indian Oil Corporation (IOC)
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NEW DELHI: To make it easier for honest taxpayers and difficult for tax evaders, Prime Minister Narendra Modi has suggested income tax department to decrease human interface and increase the use of technology. Speaking at a conference of tax officials yesterday, PM Modi asked them to use data analytics to proactively track and determine undeclared income
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Prime Minister Narendra Modi exhorted officers on Friday to shift to electronic interface with taxpayers to ensure complete anonymity, which will also help avoid complaints of harassment or favouritism and shut out “vested interests”. NEW DELHI: Prime Minister Narendra Modi exhorted officers on Friday to shift to electronic interface with taxpayers to ensure
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Opposition parties on Wednesday slammed the government over note-ban terming the move as "disaster" and "anti-national" while former finance minister P Chidambaram used Reserve Bank data to lash out at the central bank saying "Shame on RBI" as 99 percent junked currency has returned. Congress vice president Rahul Gandhi tweeted that the move was a "colossal
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* The Government had expected all the SBNs to come back to the Banking system to become effectively usable currency. The RBI's Annual accounts show that bulk of SBNs have come back to the Banking system shows that the banking system and the RBI were able to effectively respond to the challenge of collecting such a large number of SBNs in a limited time. * At the same time, the effective
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